Commerce and Industry Minister Piyush Goyal on Friday said India is vigilant and active in supporting the industry against unfair trade practices. He said that we will not allow ‘transshipment’ of goods. Goyal requested the industry to be vigilant at a program. He said, ‘We will not allow India to become a route for ‘transshipment’ … Read more
The Employees’ Provident Fund Organization (EPFO) has now made the process of transferring PF when changing jobs even simpler. The Ministry of Labor and Employment said on Friday that now in most cases there will be no need to take approval from the employer for PF transfer. Till now, there were two EPF offices involved … Read more
The number of trades executed on the country’s two major stock exchanges, NSE and BSE, crossed 10 billion in FY25. During FY25, 9.7 billion trades were executed in the cash market on NSE. An additional 1 billion trades were executed on BSE, Asia’s oldest stock exchange. Data from both exchanges was considered in the analysis … Read more
Ever since Ather Energy, a leading electric two-wheeler manufacturer, announced its Rs 2,981 crore IPO in the market, there has been a stir in the grey market. The company filed its DRHP with SEBI on April 22, and now this IPO will be open for subscription between April 28 and 30. At the same time, … Read more
Stock Market Crash: After the terrorist attack on tourists in Pahalgam, Jammu and Kashmir, the increasing tension between India and Pakistan was also seen on the domestic stock markets. After the central government took steps like cancelling the Shimla Agreement, panic is being seen among the investors. The BSE Sensex slipped more than 1000 points intraday on … Read more
Mutual Fund Alert: SEBI’s move is linked to ongoing efforts to further strengthen the security of investors’ funds held with brokers and clearing members. What will change, after all? Earlier, mutual fund houses used to apply NAV based on a uniform cut-off time for all channels. Now, SEBI has implemented different cut-off timings for online … Read more
US President Donald Trump on April 9 announced a 90-day pause on his sweeping tariffs on all countries except China. In an email interview with Devanshu Singla, Pranav Haridasan, managing director (MD) and chief executive officer (CEO), Axis Securities, said Trump’s announcement provides temporary relief but does not end the uncertainty. Edited excerpts: How do … Read more
Prime Minister Narendra Modi shared his thoughts via video message during the India Steel HR 2025 event held in Mumbai on Thursday, 24th April. Addressing the gathering, the Prime Minister said that the prospects and opportunities of India’s emerging sector—the steel industry—will be deliberated upon in the coming two days. He said that the sector … Read more
The World Bank on Wednesday lowered India’s growth forecast for FY26 to 6.3 per cent due to an “increasingly challenging global environment”. The World Bank has cut its previous forecast for October 2024 by 40 basis points. According to the World Bank’s South Asia Development Update report, “The benefits to private investment from monetary easing … Read more
India’s contribution to the global volume growth of consumer products is tremendous. Its contribution to growth during the last five years (2019 to 2024) has increased the volume share by 2 to 8 times compared to the previous year in various categories. This has made India a strong growth engine for major consumer goods multinational … Read more